Katy Industries, Inc. Form 8-K dated April 16, 2007
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
__________________
FORM
8-K
_______________
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date
of
Report (Date of earliest event reported): April 16, 2007
Katy
Industries, Inc.
(Exact
name of registrant as specified in its charter)
Delaware 001-05558
75--1277589
(State
or other
jurisdiction (Commission
File Number) (IRS
Employer
of
incorporation) Identification
No.)
2461
South Clark Street, Suite 630
Arlington,
Virginia 22202
(Address
of principal executive offices) (Zip Code)
(703)
236-4300
(Registrant’s
telephone number, including area code)
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
[
]
Written communications pursuant to Rule 425 under the Securities
Act
[
]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act
[
]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act
[
]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act
Item
3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or
Standard; Transfer of Listing.
Katy
Industries, Inc. (“Katy”) announced today that Katy’s shares of common stock
began trading on the OTC Bulletin Board (“OTC BB”). The Company received
clearance today from the NASD for listing on the OTC BB. Katy’s new ticker
symbol, effective immediately, is KATY.
The
press
release announcing Katy’s stock trading on the OTC BB is attached as Exhibit
99.1.
This
Current Report on Form 8-K may
contain various “forward-looking
statements”
as
defined in the Private Securities Litigation Reform Act of 1995 including any
future increase or decrease in our market capitalization and whether the OTC
Bulletin Board will provide liquidity to our stockholders.
The
forward-looking statements
are
based on the beliefs of Katy’s
management, as well as assumptions made by, and information currently available
to, the
company’s
management. These
statements are subject to risks and uncertainties that may cause actual results
to differ materially from the statements and other information contained herein.
Risks and uncertainties include but are not limited to: economic conditions
in
North America; changes to our cost structure; the effect of changes in our
operations and strategic direction; our ability to identify and respond to
evolving trends in demographics and consumer preferences; our ability to
effectively invest capital to realize our strategic objectives; and the level
of
trading, if any, of our common stock on the OTC Bulletin Board. Additionally,
the
forward-looking statements are
based
on Katy’s
current expectations and projections about future events and trends affecting
the financial condition of its
business
and are not a guarantee of future performance. Undue reliance should not be
placed on such
forward-looking statements, as they speak only as of the date hereof and we
undertake no obligation to update these statements to reflect subsequent events
or circumstances, except as may be required by law. Additional information
regarding these and other risks and uncertainties is contained in our periodic
filings with the Securities and Exchange Commission, including our Annual Report
on Form 10-K for the fiscal year ended December 31, 2006. Katy undertakes no
obligation to revise or update such statements to reflect current events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events.
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits
|
99.1
|
Press
Release, dated April 16, 2007, announcing Katy’s stock trading on the OTC
BB.
|
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
KATY
INDUSTRIES, INC.
(Registrant)
By:
/s/
Amir Rosenthal
Amir
Rosenthal
Vice
President, Chief Financial Officer,
General
Counsel and Secretary
Date:
April 16, 2007
Exhibits
Exhibit
No. Description
99.1 Press
Release, dated April 16, 2007, announcing Katy’s stock trading on the OTC
BB.